CSU Will No Longer Accept Credit Card Payments

Colorado State University has announced it will no longer accept major credit cards for payment of tuition and fees as a result of serious budget cuts the university has faced this year. Visa and MasterCard will no longer be accepted as of July 1.

The university made the decision because of the high cost of processing fees charged for the use of Visa and MasterCard - about $600,000 a year. Students will be able to use Discover cards, electronic checks, personal checks, cash, wire transfer or cashier's checks.

Vice President for Administration and Finance Mike Barnett said Metro State doesn't plan to follow suit. "We have considered it, but we decided against changing, mainly because we want to continue making it convenient for students."